全球蝶閥市場 - COVID-19 的增長、趨勢、影響和預測(2022-2027 年)
市場調查報告書
商品編碼
1136093

全球蝶閥市場 - COVID-19 的增長、趨勢、影響和預測(2022-2027 年)

Global Butterfly Valve Market - Growth, Trends, and Forecasts (2022 - 2027)

出版日期: | 出版商: Mordor Intelligence | 英文 120 Pages | 商品交期: 2-3個工作天內

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簡介目錄

在預測期內,全球蝶閥市場預計將以 5.9% 的複合年增長率增長。

諸如過程工業自動化需求增加、石油和天然氣行業需求增加以及工業化程度增加等因素正在推動所研究市場的增長。

主要亮點

  • 蝶閥可用於各種流體服務,並且在漿料應用中工作良好。對蝶閥不斷增長的需求很大程度上歸因於它們在各種材料類型中的可用性、易於操作和緊密關閉的特性。
  • 蝶閥用於石油和天然氣、空氣、消防以及高溫和高壓服務等各種要求苛刻的應用。該閥專為許多行業的功能和可靠性而設計,包括農用化學品、基礎化學、特種化學和氟化物。
  • 石油和天然氣行業是在各種工藝中採用三偏心蝶閥最有前景的行業之一。由於其堅固的性質和承受惡劣條件的能力,三偏心閥 (TOV) 是需要主動隔離的關鍵和非關鍵上游石油和天然氣應用的最合適的解決方案之一。
  • 據信,世界各地對石油產品的需求不斷增長,推動了這一市場的增長。例如,根據OPEC的數據,世界主要石油生產國之一的沙特阿拉伯將在 2021 年出口價值約 2865 億美元的石油產品。
  • 然而,蝶閥容易出現的低差壓、氣蝕和阻塞流等因素可能會對研究市場的增長產生負面影響。
  • 在所研究的市場上觀察到 COVID-19 的顯著影響。由於勘探和生產活動受到限制,供應鏈中斷減少了石油和天然氣等最終用戶行業的需求。然而,隨著情況恢復正常,預計市場將在預測期內獲得牽引力。

主要市場趨勢

石油和天然氣行業獲得顯著的市場份額

  • 石油和天然氣行業中使用的閥門通常要經受惡劣的條件,並且必須在油井的整個生命週期內表現良好。操作條件有時會非常寒冷。在低於 -162 度的溫度下,石油鑽井平台和油井也可能非常熱。蝶閥,尤其是三偏心閥 (TOV) 的強大功能和重載能力,使其成為非關鍵和關鍵上游石油和天然氣應用的理想選擇。
  • 石油產品,尤其是石油和天然氣的消費量不斷增加,正在推動對管道基礎設施的投資,以將石油從一個地方輸送到另一個地方。因此,預計對閥門的需求將會增加。例如,2021 年 9 月,Enbridge Inc 宣布 3 號線管道更換項目將於 10 月 1 日開始運營。據報導,這個耗資 82 億美元的項目將使 Enbridge 將其 1,765 公裡的管道容量翻一番,達到每天 760,000 桶。
  • 此外,根據 IEA 的數據,預計 2026 年全球石油消費量將達到 104.1mb/d。預計石化行業在預測期內仍將是增長支柱。到 2026 年,液化石油氣、乙烷和石腦油合計佔石油產品需求預計增長的 70%。預計此類發展將在預測期內支持所研究市場的增長。
  • 增加對石油和天然氣管道基礎設施的投資也促進了所研究市場的增長。例如,根據美國能源信息署的數據,聯邦能源監管委員會(FERC)在 2022 年第一季度批准了三個項目,旨在隨著管道和 LNG 的增加而增加美國的天然氣出口。

亞太地區將經歷顯著增長

  • 亞太地區是當今在全球運營的一些最大公司的所在地,或者是其主要目的地。中國、台灣、日本、印度、韓國等國家工業部門的轉型正在迅速增加對油氣和其他石油產品的需求,進而對蝶閥的需求產生積極影響。例如,根據中國國家統計局的數據,2022年5月和6月工業生產分別增長0.7%和3.9%。
  • 據 IBEF 稱,印度的石油需求預計將在 2045 年翻一番,達到每天 1100 萬桶。同樣,到 2029-30 年,印度對柴油的需求預計將翻一番,達到 163 噸。預計到 2024 年,天然氣消費量也將增長 250 億立方米,年均增長率為 9%。預計這些趨勢將大大推動該國對蝶閥的需求。
  • 此外,亞太地區各國城市化率的上升正在推動對蝶閥的另一個主要消費者水和廢水管理行業的投資。例如,2022 年 4 月,SUEZ宣布已獲得一份為期 30 年的合同,通過當地合資企業在中國常熟建設和運營一座工業廢水處理廠。該項目總投資3700萬歐元,日吞吐量15000立方米。

競爭格局

由於對閥門的需求不斷增加,新進入者增加,全球蝶閥市場的競爭正在加劇。此外,被研究的參與者正在採取有機和無機增長的方法來進一步加強他們在市場上的影響力。市場上的主要參與者包括 Emerson Electric Co.、Flowserve Corporation、L&T Valves Limited 和 Alfa Laval Corporate AB。

  • 2022 年 7 月 - Valworx 推出了全新的全不銹鋼氣動衛生蝶閥系列。這些全不銹鋼衛生蝶閥具有用於衛生連接的三夾端,所有材料均符合 USDA、FDA 和 3-A 標準。據該公司稱,這些蝶閥適用於藥品、食品、飲料、個人護理和寵物護理。
  • 2022 年 7 月 - Valmet擴展了其多功能蝶閥系列,推出了 Neles Q-Disc,這是一種新的高性能功能,可幫助控制閥應用中的流量平衡。其主要優勢之一是避免控制閥組中的執行器尺寸過大,從而實現更具成本效益和節能的解決方案。

其他福利

  • Excel 格式的市場預測 (ME) 表
  • 3 個月的分析師支持

目錄

第 1 章 簡介

  • 研究假設和市場定義
  • 調查範圍

第二章研究方法論

第三章執行摘要

第四章市場洞察

  • 市場概況
  • 產業吸引力——波特五力分析
    • 供應商的議價能力
    • 消費者議價能力
    • 新進入者的威脅
    • 替代品的威脅
    • 競爭對手之間的競爭
  • 行業價值鏈分析
  • 評估 COVID-19 對市場的影響

第五章市場動態

  • 市場驅動力
    • 增加對石油和天然氣煉油廠和管道的投資
    • 對具有緊密關閉、高壓處理能力和低安裝成本的捆包的需求增加
  • 市場製約因素
    • 對氣蝕和阻流的抵抗力低,在低壓下節流有限

第六章市場細分

  • 按類型
    • 高性能蝶閥
    • 襯裡蝶閥
  • 按設計
    • 同心蝶閥
    • 偏心蝶閥
  • 按功能
    • 開/關閥
    • 控制閥
  • 行業
    • 自來水廠/廢水
    • 油和氣
    • 能源/電力
    • 製藥
    • 化學
    • 其他
  • 按地區
    • 北美
    • 亞太地區
    • 歐洲
    • 拉丁美洲
    • 中東/非洲

第 7 章 競爭格局

  • 公司簡介
    • Emerson Electric Co.
    • Flowserve Corporation
    • L&T Valves Limited
    • Alfa Laval Corporate AB
    • Curtiss-Wright Corporation
    • ASE Engineered Solutions
    • AVK Group
    • Crane Co.
    • Schlumberger Limited
    • XHVAL Valve Co., Ltd.
    • Huamei Machinery Limited
    • NIBCO Inc.
    • Flexachem
    • Valmet Corporation

第八章投資分析

第九章 市場潛力

簡介目錄
Product Code: 92031

The Global Butterfly Valve Market is expected to grow by registering a CAGR of 5.9% during the forecast period. Factors such as growth in demand for automation in the process industries, increasing demand from the oil & gas industry, and growing industrialization are driving the growth of the studied market.

Key Highlights

  • A Butterfly valve can be used in many different fluid services and perform well in slurry applications. The rising demand for Butterfly Valves can be strongly attributed to their availability in various material types, simple operation, and tight shut-off properties.
  • Butterfly Valves are used in many diverse and demanding applications such as oil & gas, air, fire protection, high-temperature & high-pressure services, etc. The Valves are designed for functionality and reliability in many industries like agrochemicals, base, specialty, and fluoro chemical industries.
  • The oil & gas industry is among the most promising sectors for adopting triple offset butterfly valves in various processes. Triple offset valves (TOVs), owing to their heavy-duty nature and ability to withstand demanding conditions, are among the most suitable solution for critical and non-critical upstream oil and gas applications that require positive isolation.
  • Increasing demand for petroleum products across various parts of the world is expected to support the growth of the studied market. For instance, according to OPEC, Saudi Arabia, which is among the leading oil-producing countries in the world, exported about USD 286.5 billion worth of petroleum products in 2021.
  • However, factors such as limited throttling service to low differential pressure, cavitation, and chocked flow that Butterfly valves are prone to may negatively impact the growth of the studied market.
  • A notable impact of COVID-19 has been observed on the studied market. Disruption in the supply chain reduced demand across end-user industries such as oil and gas due to limited exploration and production activities. However, with the condition returning to normalcy, the market is expected to gain traction during the forecast period.

Key Market Trends

Oil & Gas Sector to Hold Significant Market Share

  • Valves used in the gas and oil fields must perform well throughout a well's operation, as most oil and gas industry operations are exposed to harsh conditions. The operating conditions can sometimes be cryogenic; with temperatures below -162 degrees, the temperature of oil rigs and wells may also become extreme. The powerful features and heavy-duty ability of Butterfly Valves, especially Triple Offset Valves (TOVs), make them ideal for non-critical and critical upstream oil & gas applications.
  • The growing consumption of petroleum products, especially oil & gas, is driving investments in pipeline infrastructures to transport the oil from one place to another. This in turn is expected to witness an increase in demand for valves. For instance, in September 2021, Enbridge Inc announced that its Line 3 pipeline replacement project would begin operating on October 1. The reported USD 8.2 billion project will enable Enbridge to double its capacity to 760,000 barrels per day on the 1,765 km-long pipelines.
  • Furthermore, according to IEA, the global oil consumption is expected to be 104.1 mb/d by 2026. The petrochemical industry is expected to remain a pillar of growth over the forecast period. LPG, Ethane, and naphtha together account for 70% of the projected increase in oil product demand by 2026. Such trends are expected to support the growth of the studied market during the forecast period.
  • Increasing investment in oil & gas pipeline infrastructure is also supporting the growth of the studied market. For instance, according to the U.S. Energy Information Administration, the Federal Energy Regulatory Commission (FERC) approved three projects intended to increase U.S. natural gas exports via pipeline and as LNG, In the first quarter of 2022.

Asia Pacific to Witness Significant Growth

  • Asia Pacific region is either home or an important destination to some of the biggest industries operating globally today. The transformation of the industrial sector across the countries such as China, Taiwan, Japan, India, and South Korea has rapidly increased the demand for oil & gas and other petroleum products, which in turn is positively impacting the demand for butterfly valves. For instance, according to the National Bureau of Statistics of China, industrial production increased by 0.7% and 3.9% in May and June 2022, respectively.
  • According to IBEF, Oil demand in India is projected to register two times growth to reach 11 million barrels per day by 2045. Similarly, the demand for diesel in India is expected to double to 163 metric tonnes by 2029-30. Natural gas consumption is also expected to grow by 25 billion cubic meters, registering an average annual growth of 9% until 2024. Such trends are expected to boost the demand for butterfly valves in the country significantly.
  • Furthermore, the increasing urbanization rate across various countries of the Asia Pacific region is driving investment in the water & wastewater management industry which is another major consumer for butterfly valves. For instance, in April 2022, SUEZ announced that through a local joint venture, they were awarded a 30-year, build-and-operate contract for an industrial wastewater treatment plant in Changshu, China. The project has a total investment of EUR 37 million and a daily treatment capacity of 15,000-meter cubes.

Competitive Landscape

The competition in the Global Butterfly Valve market is increasing as the demand for the valves encourages new players to enter the market. Furthermore, to further strengthen their presence in the market, the studied players are taking both organic and inorganic growth approaches. Some major players operating in the market include Emerson Electric Co., Flowserve Corporation, L&T Valves Limited, and Alfa Laval Corporate AB.

  • July 2022 - Valworx released their new line of all stainless air-actuated sanitary butterfly valves. These all stainless sanitary butterfly valves feature Tri-Clamp ends for hygienic connections, and all materials comply with USDA, FDA, and 3-A standards. According to the company, these butterfly valves are suitable for pharmaceuticals, food, beverage, personal care, and pet care.
  • July 2022 - To extend its versatile butterfly valve product range, Valmet launched Neles Q-Disc, a new high-performance feature to help flow balancing in control valve applications. One of its key benefits is that it helps to avoid oversized actuators for control valve packages and thus provides a more cost- and energy-efficient solution.

Additional Benefits:

  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET INSIGHTS

  • 4.1 Market Overview
  • 4.2 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.2.1 Bargaining Power of Suppliers
    • 4.2.2 Bargaining Power of Consumers
    • 4.2.3 Threat of New Entrants
    • 4.2.4 Threat of Substitute Products
    • 4.2.5 Intensity of Competitive Rivalry
  • 4.3 Industry Value Chain Analysis
  • 4.4 Assessment of the Impact of COVID-19 on the Market

5 MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 Increasing Investment in Oil & Gas Refineries and Pipelines
    • 5.1.2 Increasing Demand for Vales With Tight Shutoff, High-Pressure Handling Capacity, and Low Installation Cost
  • 5.2 Market Restraints
    • 5.2.1 Low resistance to cavitation & choke and limited throttling in case of low pressure

6 MARKET SEGMENTATION

  • 6.1 By Type
    • 6.1.1 High Performance Butterfly Valve
    • 6.1.2 Lined Butterfly Valve
  • 6.2 By Design
    • 6.2.1 Concentric Butterfly Valve
    • 6.2.2 Eccentric Butterfly Valve
  • 6.3 By Function
    • 6.3.1 On/Off Valve
    • 6.3.2 Control Valve
  • 6.4 By End-User Industry
    • 6.4.1 Water & Wastewater
    • 6.4.2 Oil & Gas
    • 6.4.3 Energy & Power
    • 6.4.4 Pharmaceutical
    • 6.4.5 Chemical
    • 6.4.6 Others
  • 6.5 By Geograhy
    • 6.5.1 North America
    • 6.5.2 Asia Pacific
    • 6.5.3 Europe
    • 6.5.4 Latin America
    • 6.5.5 Middle East & Africa

7 COMPETITIVE LANDSCAPE

  • 7.1 Company Profiles
    • 7.1.1 Emerson Electric Co.
    • 7.1.2 Flowserve Corporation
    • 7.1.3 L&T Valves Limited
    • 7.1.4 Alfa Laval Corporate AB
    • 7.1.5 Curtiss-Wright Corporation
    • 7.1.6 ASE Engineered Solutions
    • 7.1.7 AVK Group
    • 7.1.8 Crane Co.
    • 7.1.9 Schlumberger Limited
    • 7.1.10 XHVAL Valve Co., Ltd.
    • 7.1.11 Huamei Machinery Limited
    • 7.1.12 NIBCO Inc.
    • 7.1.13 Flexachem
    • 7.1.14 Valmet Corporation

8 INVESTMENT ANALYSIS

9 FUTURE OF THE MARKET